January 15th, 2022 5:15 PM 0 COMMENTS

Akasa, Jet Airways 2.0 Could Start Price Wars Among Domestic Airlines, Says HSBC Global Research

According to HSBC Global Research, there are chances that the entry of two new airlines – Akasa and Jet Airways 2.0 – could disrupt the Indian domestic airlines. The two airlines could bring in recent battles on pricing standards and excess supply issues in the Indian aviation market. In a report titled ‘Indian Aviation, 2022: A Year of Two Halves,’ HSBC Global Research said that India’s aviation sector would recover... Read More

January 12th, 2022 2:14 PM 0 COMMENTS

Akasa Air Established to be a Low-Cost-Carrier, Summer Launch Upholds

In a recent interview on January 11, the CEO of upcoming Indian airline Akasa Air, Vinay Dube has confirmed that it will not be an ultra-low-cost carrier. As far as the launch of the airline is considered, the airline is expected to begin its operations in mid-2022 even though it still awaits the crucial Air Operator Certificate (AOC). All the previous rumours regarding the upcoming airline claimed that Akasa Air... Read More

December 26th, 2021 6:54 PM 0 COMMENTS

Demand for Pilots on a Surge as Akasa and Jet Airways 2.0 Look to Hire

With the changes happening in the aviation industry in India with the introduction of ultra-low-cost carrier Akasa about to take off and Jet Airways looking to make a comeback, it seems that things are changing too. The upcoming airline Akasa and Jet Airways are looking to hire pilots for their carriers and other staff. According to the various executives, the existing airlines Indigo and SpiceJet are apparently the options from... Read More

November 19th, 2021 10:46 PM 0 COMMENTS

Akasa Air Can Give Serious Challenges to IndiGo

IndiGo has been the market leader in the aviation sector for the last few years. This is because of availing affordable flight services and also because of the kind of business model that the airline has. With the arrival of the pandemic, not just IndiGo, but every other airline and the entire aviation sector dealt with huge challenges. However, those challenges are getting easier for the airlines now as the... Read More

November 16th, 2021 10:03 PM 0 COMMENTS

Dubai Airshow 2021: Boeing Gets a $9 Billion Order from Akasa

Dubai Airshow 2021 which started on November 14, saw its third day taking place on Tuesday. This event will be memorable for both Boeing and Akasa. Boeing received a nearly $9 billion order from Akasa, an upcoming ultra-low-cost airline backed by Rakesh Jhunjhunwala. The comeback of the 737 Max has been good for Boeing. Akasa has ordered 72 Boeing 737 Max aircraft. Such a large purchase shows the intent of... Read More

November 12th, 2021 11:52 AM 0 COMMENTS

Akasa Could Help Boeing Change Market Perception in India

Akasa, an upcoming ultra-low-cost airline in the Indian market is going to start services next year. For the same, the airline would need to get new aircraft. According to an ET report, the airline could shake hands with Boeing for a large aircraft deal worth around $10 billion. Akasa might place an order of 70 to 80 Boeing 737 Max jets which will be a big dent in the market... Read More

October 10th, 2021 10:49 PM 0 COMMENTS

Akasa Airlines Might Purchase New Aircraft from Airbus

Akasa, a Rakesh Jhunjhunwala backed airline, is reported to having conversations with the aircraft manufacturing giant Airbus. The talks could be for Akasa procuring new aircraft from Airbus. It is worth noting that Akasa has also been in talks with Boeing for manufacturing aircraft. According to a PTI report, the upcoming Indian airline wants to procure the Boeing 737 Max aircraft. The direct competitor of the Boeing 737 series in... Read More

November 26th, 2022 7:30 PM 0 COMMENTS

Star Alliance, HSBC Australia Launch HSBC Star Alliance Credit Card

The HSBC Star Alliance Credit Card will allow Australians to earn Star Alliance Points on everyday purchases and convert them into miles or points across Star Alliance carriers' frequent flyer programmes, as well as accelerate their path to Star Alliance Gold Status through everyday spending. The card is the world's first credit card created in collaboration with an airline alliance, and it will be issued solely on Visa credit. Star... Read More

November 26th, 2022 6:27 PM 0 COMMENTS

Domestic Airlines Carried over 10 Crore Fliers in First 10 Months of 2022

In its monthly report, the nation's aviation watchdog, Directorate General Civil Aviation (DGCA), reported that domestic air passenger traffic increased annually by 59.16% in the first ten months of 2022. During the same time period, domestic airlines in India carried nearly 10 crore passengers. January-October 2022 Domestic airlines carried 98.83 crore passengers between January and October 2022 compared to 62.96 crore during the same time last year. The increase in... Read More

November 19th, 2022 8:03 PM 0 COMMENTS

IndiGo, Go First Get a Visit and Assurance from P&W Amidst Engine Supply Chain Issues

The top executives of the US-based aircraft engine manufacturer Pratt & Whitney (P&W) recently travelled to India to address client problems, look for new business opportunities, and assess existing investments. Due to the inconvenience and unfavourable publicity that numerous Airbus A320neos of IndiGo and Go First generated over the previous few months, Pratt & Whitney recently paid a visit to India. The engine producer was in the country to fix... Read More

November 6th, 2022 2:18 AM 0 COMMENTS

IndiGo May Resume Service to China and Myanmar In 2023

IndiGo will resume daily flights from India to Guangzhou and Chengdu in China, as well as Yangon in Myanmar, on March 27 next year, according to a Business Standard Report. IndiGo's decision to restart these flights comes at a time when Air India, part of the Tata Group, is leasing 30 planes to significantly expand its domestic and international operations. There are currently no flights between the two countries due... Read More

October 27th, 2022 12:13 PM 0 COMMENTS

DGCA Has Lifted the 50% Cap on SpiceJet Flights

The Indian aviation regulator DGCA lifted the 50% cap on SpiceJet flights on Friday. SpiceJet airline can operate at full capacity beginning with the winter schedule, which runs from October 30th to March 25th, 2023. In the winter schedule, airlines will operate 21,941 domestic flights per week. The number of weekly flights will be 1.55% lower than the previous winter schedule of 22,287 flights. "In the upcoming Winter Schedule 2022,... Read More

October 27th, 2022 11:48 AM 0 COMMENTS

This Winter, Domestic Airlines Will Operate Fewer Flights

Domestic airlines will fly 21,941 flights per week this winter, 1.55% fewer than last year's 22,287 weekly flights, despite the fact that this is expected to be the most profitable quarter since airlines resumed service following the pandemic lockdown in 2020. This is primarily because airlines have been unable to increase capacity due to a severe clog in the supply chain, particularly with aircraft engine makers such as Pratt and... Read More

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